Investing in property is a great way of saving for retirement and paying off the debt on your primary residence.
By using the equity in your existing property as leverage, you can buy an investment property using the banks money to increase your net worth. You don’t have to invest in Auckland either. We’re starting to see massive gains in the regions and big growth is forecast for 2017!
Ready to get started?
Grow Your Wealth Now
Property value growth in 2015 (QV.co.nz)
New Zealand (2015)
So, you want to be a property investor?
What you need to know.
Buying your second home
Using your home as security, you’ll be able to borrow more money. This is also known as “freeing up equity”. While rates are at a historical low, now is the perfect time to refinance your existing lending and top up for the investment you’ve always talked about.
Why trust iRefi?
Working at iRefi means you have to be an anteambulo which means you clear the path for clients and create opportunities for them. We work to help you find the winning outcome you’re after.
Interest only mortgages
When buying an investment property, structuring the mortgage as interest-only can be a great way of keeping your repayments down. However, by not paying down the principal, you rely more on the property appreciating in value in order to make a return.